Global X Semiconductor ETF is trading 3.5% down today as a global semiconductor selloff intensifies following South Korea’s Black Monday market crash.

  • Major South Korean chipmakers Samsung Electronics and SK Hynix plunged approximately 10%, triggering a broader tech rout that weighed heavily on semiconductor-focused funds.
  • Investor sentiment was further dampened by stronger-than-expected U.S. jobs data, fueling concerns that interest rates may remain higher for longer, pressuring high-growth tech and semiconductor names.